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GAB International

Open bankruptcy
Public limited companyfounded 1995Assesteenweg 96, 1740 Ternat, Belgium24 active companies are registered at this addressKBO/BCE: BE 0456.810.909

A bankruptcy procedure is open for GAB International according to publications in the Belgian Official Gazette; trustee: Ilse Van de Mierop.

Summary

The file additionally contains 2 judicial reorganisation notices. The 2024 annual accounts show negative equity (-€2.2m) and a net result of -€2.9m.

GAB InternationalOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Brussels
Declared bankrupt
11 August 2026
Supervising judge
Dirk De Corte
Official Gazette
25-08-2026 (pdf) ↗search the document for 2026/135370

Deadlines

Provisional date payments stopped
11 August 2026A later judgment can change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 9 September 2026Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 10 September 2026art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 16 September 2026Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
11 August 2027A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustee

What to do now

  1. Stop delivering on credit unless the trustee agrees.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the trustee's reports appear there.

These deadlines come from the publication of the judgment. Check them in RegSol before you file anything; once a deadline has passed, it is too late for that step.

File a claim in RegSol ↗ Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Wholesale of clothing, excluding workwear and underwear
NACE 46423
7 sites
Size
€11.7mturnover 2024
Staff
19.4 FTE
Equity
-€2.2m
Loss
-€2.9m
Financial health
Open bankruptcy: no score
Structure
Parent
G.A.B.CONTROLE HOLDING · 99%
3 of 12 deeds read
Signalsraises riskOpen bankruptcyNegative equityShow the evidence

Signals

Two signals.
raises risk
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€2.2m
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.
Belgian Official Gazette
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. OpeningEnterprise Court of Brussels ·…
  2. Extension of the stay refusedEnterprise Court of Brussels ·…
  3. Resignation: GAB MANAGEMENT (director)Appointment: Alain Broekaert (director) ·…

Key points

  • Risk: Declared bankrupttrustee: Ilse Van de Mierop 11-08-2026 View
  • Caution: From profit to loss in 2024after €247,187 in 2023 -€2.9m View
  • Controlled by G.A.B.CONTROLE HOLDING 99% View

By topic

Financials

Financial year
2024
Turnover
€11.7m
Loss
-€2.9m
Solvency
-23.1%
Turnover▼ 26.4%
Net result
20182024
Go to Financials

Timeline

Events
39
Since
1998
  1. 23-03-2026Opening
  2. 27-11-2025Annual accounts filed
  3. 04-08-2025Restructuring
Go to Timeline

Company details

Sites
7
Legal form
Public limited company
Activity
Wholesale of clothing, excluding workwear and underwearNACE 46423
Founded
22-12-1995
Year ends
31-12
Peppol
Still in the Peppol directory
Go to Company details

Articles of association

Provisions read
5
Purpose
“1/De klein- en groothandel,import,export,de commercialisatie en fabricatie…” (deed in Dutch)
Go to Articles of association

Go further with this company

Investigating this company? Keep it with today's facts in a case file.